Karvy — non transfer of shares by karvy | |
Sir, i am having shares in karvy stock broking ltd.in my id 2022181. On 18th march i have given delivery slip at tirupati karvy office for transfer of shares to sbicap securities, which was not done till date. Presently, karvy office at tirupati was not opened. I tried to contact hyderabad karvy office but the phone is not being lifted. Please do the needful of getting my shares transferred. Regards Was this information helpful? | |
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Karvy customer support has been notified about the posted complaint. | |
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Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No. 1 Banjara Hills, Hyderabad, Andhra Pradesh, India - 500034
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After consumer complaint I received communication from Karvy office Hyderabad providing a contact person phone number. When I called him, he told that he can't do any thing a the Office at Tirupati is closed due to non payment of rent.
Later I forwarded the DIS directly to Hyderabad Karvy office and were rejected due to mentioning wrong client/DP ID.(erroneously I mentioned old SBICAP securities DP/Client id)
Hence I have taken the CML copy of my husband SBICAP securities account and forwarded the same with account closing copy of KARVY, clearly mentioning the CLIENT/DP ID, where the shares need to be transferred.
I got a reply that "With reference to your mail, we have received your request and the same is on hold due to Name & PAN no mismatch, Required target CML."
I replied to the mail stating that I enclosed CML copy and clearly given the DP/CLIENT ID in the account closing form, where the shares need to be transferred.
To my repeated mails still I am getting the same reply "NAME & PAN No. mismatch", from different people of KARVY.
THE KARVY PEOPLE OF SUFFERING ME LIKE ANY THING TO TRANSFER MY SHARES FROM MARCH 2020. A huge amount of financial loss happened to me due to their NON TIMELY TRANSFER of shares.
PLEASE GUIDE ME. CAN I PROCEED AGAINST THESE PEOPLE UNDER DEFICIENCY OF SERVICES UNDER CONSUMER ACT.
PLEASE GUIDE ME AND DO THE NEEDFUL